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Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost G $15 per unt $7 per unit $32,500 total $24,000 total Exercise
Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost G $15 per unt $7 per unit $32,500 total $24,000 total Exercise 8-4B Determining sales and variable cost volume variances Required Use the information provided in Exercise 8-1B. a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable or unfavorable. c. Comment on the usefulness of the variances with respect to performance evaluation and identify LO 8-3 the member of the management team most likely to be responsible for these variances. Determine the amounts of fixed cost that will appear in the flexible budget. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. Assuming Imboden uses information in the master budget to price its product, explain how the fixed cost volume variance could affect the company's profitability. (Round the computation to two decimal points.) d. e. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost G $15 per unt $7 per unit $32,500 total $24,000 total Exercise 8-4B Determining sales and variable cost volume variances Required Use the information provided in Exercise 8-1B. a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable or unfavorable. c. Comment on the usefulness of the variances with respect to performance evaluation and identify LO 8-3 the member of the management team most likely to be responsible for these variances. Determine the amounts of fixed cost that will appear in the flexible budget. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. Assuming Imboden uses information in the master budget to price its product, explain how the fixed cost volume variance could affect the company's profitability. (Round the computation to two decimal points.) d. e
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